Cycas Hospitality and Slough Urban Renewal (SUR) have secured a deal to develop two new Marriott International hotels, Moxy and Residence Inn by Marriott.The hotels will be located on the former Central Library site, a landmark location on the A4 between the town centre and the station, where Crossrail trains will operate from 2019. Slough is a popular destination for companies wanting good communications, as the area provides access to Heathrow, London and the M4/M3 corridor.

A win-win for Slough

Slough Borough Council acquired the site in 2015 and will finance and own the hotels as a long-term investment, working with SUR to bring forward the development of the site.“This partnership project is a win-win for the town. The hotels will not only boost the town centres nighttime economy and provide jobs, but also bring long-term secure income for the council that we can invest in the frontline services, we know our residents need and want,” said Roger Parkin, interim chief executive at Slough Borough Council.Mr Parkin continued, “Along with our massive redevelopment scheme for the former Thames Valley University site and the opening of The Curve cultural centre last year.”The hotel development will be operated by Cycas Hospitality, the extended-stay hotel management company, and will include a 144-room affordable lifestyle Moxy Hotel and a 92-room extended-stay Residence Inn, both of which will be operated under a single lease, in the same building.

Slough regeneration an example for the UK

Said Eduard Elias, Cycas hospitality managing partner, “Slough is transforming itself into a leading commercial success story, and it is an exemplary regeneration scheme for the UK. Above all, we look forward to playing a key role in the business life of Slough and contributing to the success of this project.”Cycas Hospitality has five more hotel openings planned in the coming months, including properties in London and Manchester, as well as future developments in Amsterdam and The Hague.

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Andy Howell, general manager of Slough Urban Renewal, said, “This is a fantastic achievement for the partnership and commitment of two internationally acclaimed brands such as Marriott International and Cycas which will enable a landmark hotel development to come forward as a key component in our long-term plans for Slough.”SUR is a public/private venture, jointly owned by Slough Borough Council and Morgan Sindall Investments. It is currently delivering £900 million of residential, leisure, education and commercial development projects across the borough, with 11 projects under construction.For related news and features, visit our Enterprise section.Access hundreds of global services and suppliers in our Online Directory  Get access to our free Global Mobility Toolkit

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